NASHVILLE, Tenn., 6 May 2014. U.S. Army officials have awarded Lockheed Martin (NYSE:LMT) an $80.6 million production contract for the Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor (M-TADS/PNVS) on the AH-64 Apache helicopter.
"The M-TADS/PNVS system is helping save lives of our U.S. and allied troops by giving Apache pilots the ability to engage targets accurately, and by improving situational awareness," describes Matt Hoffman, M-TADS/PNVS program director at Lockheed Martin Missiles and Fire Control.
The Lot 9 contract call for the production of eight targeting and pilotage systems and spares for the U.S. Army and nine systems for the Indonesian Army. Indonesia is the 13th international customer to purchase the M-TADS/PNVS system. The contract extends production in Orlando and Ocala, Fla., through July 2016.
"This production lot directly supports the AH-64E production line," says Lt. Col. Steven Van Riper, U.S. Army Apache sensors product manager. "Being able to 'bundle' our procurement with one of our Foreign Military Sales partners increases our buying power."
M-TADS/PNVS, first fielded in 2005, provides Apache pilots with long-range, precision engagement and pilotage capabilities for safe flight during day, night, and adverse weather missions. Lockheed Martin has delivered more than 1,200 M-TADS/PNVS systems and spares to the U.S. Army and international customers.
